Macy's to launch TV Macy's 24 hour cable shopping channel
Macy's plan to create TV Macy's a 24 hour cable shopping channel marks its first major entry into television home shopping. The venture backed by Don Hewitt and Cablevision's Dolan aims to reach 2 million viewers initially and 15 to 20 million within a year, with Macy's providing merchandise and marketing expertise. Analyst Alan Millstein questions the move, warning it diverts funds from store sales.
MENTIONED IN THIS ARTICLE
R.H. Macy & Co
Macy's
Bullock's
Don Hewitt
CBS
Tom Leahy
Chuck Dolan
Cablevision Systems Corp
Home Shopping Network
QVC
TV Macy’s
Hewitt
Macy’s
Retailer of
Myron E. Uilman
Bullock’s
Macy
Laura Melillo
Leahy
Dolan
Melillo
AT&T to test video on demand system with Viacom
AT&T will join Viacom in a trial of new video services next year using a video server to store and deliver programming to 1000 to 4000 homes in Castro Valley California. The system allows viewers to select, pause, fast forward and rewind content, aiming to be an end-to-end provider for cable and telephone builders of information highways.
MENTIONED IN THIS ARTICLE
At&t
Viacom Inc
MTV
New York
Castro Valley
California
Viacom
Maureen Grzelakowski
Switching Systems
At&t Network Systems
International Business Machines Corp
IBM
New York Stocks End Mixed Amid Broad Trading
Wall Street markets show scattered gains and losses as traders brush through an active session. Key index movers included large banks and tech names with many firms posting fractional changes amid shifting bets on growth and interest rates.
Links grow between TV, movies and video games
New York AP reports Viacom Enterprises led the multimedia push as 400 TV producers gain access to home computing and game machines. Studios including Disney and Paramount join software launches at the Consumer Electronics Show in Chicago, with Capstone Software noting rising game ties to film. Crystal Dynamics executives foresee rapid changes, citing 3D0 partnerships and projects like Crash N Burn and Jurassic Park games.
MENTIONED IN THIS ARTICLE
New York
Broadway
MTV
Nickelodeon
Showtime
Networks
Viacom Enterprises
Michele DiLorenzo
Viacom New Media
New Interactive Software
Viacom
Disney
Paramount
Vention
Chicago
Angie Niehoff
Capstone Software
Miami
Judy Lange
Crystal Dynamics of
San Francisco
Crystal Dynamics
MCA
Dividend increases mark steady bank and retail moves
CoBancorp Inc raises quarterly dividend to 17 cents per share payable May 14 to holders of record May 14, with four month net income up about 25 percent to 1.37 million and earnings per share at 75 cents. LNB Bancorp declares 13 cent quarterly dividend payable July 1 to record holders June 14, with first quarter income at 1.002 million, deposits rising to 314.9 million and total assets at 366.7 million. Little Caesars adds spaghetti to menu, aims for 4,832 restaurants and 2.3 billion in sales by end of 1993. USS/Kobe Steel to buy Monessen based Sharon Steel equipment for about 6.3 million. Bob Evans Farms posts 17 percent net sales rise to 653.1 million, aided by Mrs. Giles and Hickory acquisitions. Make A Wish appeals for business cards for Craig Shergold, age 7, in Guinness effort. Packaging firm touts services for wedding gifts through Westlake store. S CRE workshop set for June 8 at Cleveland Federal Building with 50 fee.
MENTIONED IN THIS ARTICLE
CoBancorp Inc
LNB Bancorp Inc
Stanley G. Pijor
Bancorp
Lorain National Bank
Also Mentioned on This Page
Alan Millstein
Amax
Balrica
Bank Am
Baxter
Meno
McDonid
Kodak
AIA
GA EM Bene
Schimb
Seagmns
Sears
Va Shaw
Ea Ois
Texaco
C-T
Pierre R Smith Co
Acme Cleve
Allied Corporation
Allie
AmerShip Building
Cedar Fair
Center For
Cal Inc
CPC Inter, Inc
Emerson
Englehard First Bancorp
Ford
General Motors
Hanson
Invacare Hills Dept
LIV
LNB Bancorp
Lesco Inc
Mid-Am. Inc
Nordson
Northern Savings Ohio Edison
P.N.C. Com
Parker Hannifin
Smuckers
SJMA
Sunrise Medical
Texas Utilities
Woolworth
F.W
York International
300 Corp
Silicon Valley
Matsushita
Time Warner
Hollywood
Keith Schaefer
Paramount Communications
New Technology Group
Kitty Lippincott
Rachel Leventhal
CoBancom Inc
Lorain County
Manpower Inc
Lorain
Elyria
Amherst
Avon Lake
Oberlin
Vermilion
Olmsted Township
Westlake
Little Caesars
Little Caesars Pizza
Little Caesars Pizza A
Detroit
Canada
England
Puerto Rico
USS
Kobe
Kobe Steel Co
Sharon Steel Corp
Monessen
George Manos
Bob Evans
Bob Evans Farms Inc
Daniel E. Evans
Mrs. Giles Country Kitchens
Hickory Specialties
Dying Child
Children’s Make A Wish Foundation
Craig Shergold
c/o
Children's Make A Wish Foundation
Perimeter Center
East
Atlanta
Craig
The
Foundation For
Ron Moore
Westlake Handle With Care
Service Corps
Federal Building
Cleveland
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